Compact turnkey income with refurbishment upside in a busy local parade.
Freehold mixed-use building in St Marychurch precinct
A compact mixed-use freehold in the heart of St Marychurch, combining a ground-floor retail unit and a self-contained maisonette above. The shop is let at £550 pcm on a lease running until September 2026, giving an immediate, low-maintenance income stream, while the flat is currently vacant and ready for refurbishment or letting.
The maisonette offers two bedrooms, separate living room, kitchen and a private rear garden—rare for town-centre living—and would suit an owner-occupier wanting trading space below or an investor aiming to improve rental income after refurbishment. Broadband and mobile signal are strong and local amenities, schools and year-round footfall make the location resilient.
Buyers should note the property is small and needs renovation to reach its full potential. The surrounding area is classified as deprived, which affects long-term yield risk, and the retail rent level is modest. This is a straightforward, low-footprint freehold for purchasers targeting a live-work set-up or a value-add investment in Torquay.
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